Testing New Trading Strategy š
While waiting for the CPI data today, I used the time to develop a new trading strategy. Actually my first strategy that utilizes the Hull Moving Average.
The early results are promising, but there's still room for fine-tuning.
Positives:
š Profit Rate:Ā Looks solid, indicating the strategy's potential.
š Max Drawdown:Ā Manageable, with opportunities to reduce it further.
š Capital Curve:Ā Not bad for a first draft, showing steady growth.
Negatives:
š Net Profit:Ā Currently extremely low in relation to the number of trades. This will need attention as I refine the strategy.
The strategy combines the Stochastic Oscillator with HMA to capture momentum shifts while using optional filters like RSI, ADX, MFI, EMA, VWAP, and ATR to refine entries and exits.
This is still a work in progress, but the foundation is strong.
Let me know your thoughts, or give it a try!
